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re: Ann: Commercial Production Commences at N... i still believe...

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  1. Hotfire
    17,783 Posts.
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    12/05/11
    17:59
    Post #: 8392712
    re: Ann: Commercial Production Commences at N... i still believe that the reason the SP is not moving is because these guys will close the hedging.

    Most goldies have closed their hedging and i think the same is going to happen here.

    I sold half today at 0.68 as i feel the SP is capped for a seller/s to shuffle out and then reload in the necessary cap raising.

    Whilst someone is clearly buying the stock (more than likely a new player) they too will probably participate to CR so everyone will be happy except for the retail investor.

    IF you are a current holder it would be wise to be cautious.
    ADU Price at posting: 68.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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